Peak XV announced on Friday that it has raised $1.3 billion across new India and Asia-focused funds. The firm, which now manages more than $10 billion in assets, is sharpening its focus on artificial intelligence and cross-border bets amid intensifying competition for deals in the region.
The capital will be deployed across its India seed and venture funds as well as its APAC vehicle. A majority…
Freeform raises $67M Series B to scale up laser AI manufacturing
February 20, 2026
Tech investors haven’t given up on the dream of making physical products with the same speed and ease as coding software.
Executives at Freeform, a startup developing a novel 3D-printing system for metal components, told TechCrunch that the company raised a $67…
OpenAI has partnered with India’s Tata Group to secure 100 megawatts of AI-ready data center capacity in the country, with plans to scale to 1 gigawatt. The move is part of a broader push to deepen the company’s enterprise and infrastructure footprint in one of…
OpenAI deepens India push with Pine Labs fintech partnership
February 20, 2026
As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning into the fintech firm’s payments stack, automating settlement and invoicing workflows in a move the companies say could help accelerate AI-led commerce in India.
The partnership will see Pine Labs embed OpenAI’s application programming…
Marketing is one of the few operations no industry can afford to ignore, which is why we have a veritable host of AI-powered marketing tools being shoved into marketers’ faces today. All the social platforms, from Facebook and Instagram to TikTok, and major incumbents…
OpenAI is expanding its footprint in India and moving into the country’s higher-education system through partnerships with leading academic institutions. The move comes as the South Asian nation seeks to scale AI skills and build domestic capacity in one of the…
Indian AI lab Sarvam’s new models are a major bet on the viability of open source AI
February 19, 2026
Indian AI lab Sarvam on Tuesday unveiled a new generation of large language models, as it bets that smaller, efficient open source AI models will be able to grab some market share away from more expensive systems offered by its much larger U.S. and Chinese rivals.
The launch, announced at the India AI Impact Summit in New Delhi, aligns with New Delhi’s push to reduce reliance on foreign AI…
As AI jitters rattle IT stocks, Infosys partners with Anthropic to build ‘enterprise-grade’ AI agents
February 18, 2026
Indian IT giant Infosys said on Tuesday it has partnered with Anthropic to develop enterprise-grade AI agents, as automation driven by large language models reshapes the global IT services industry.
Under the partnership, Infosys plans to integrate Anthropic’s Claude…
Cohere launches a family of open multilingual models
February 18, 2026
Enterprise AI company Cohere launched a new family of multilingual models on the sidelines of the ongoing India AI Summit. The models, dubbed Tiny Aya, are open-weight – meaning their underlying code is publicly available for anyone to use and modify – support…
All the important news from the ongoing India AI Impact Summit
February 18, 2026
With an eye toward luring more AI investment to the country, India is hosting a four-day AI Impact Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state.
The event, which expects 250,000 visitors, will see Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO…
